Home prices to stay near bottom, Case says: Tom Keene

From Bloomberg: U.S. home prices are unlikely to fall much further in the next year even after a “discouraging” report on values in September, said Karl E. Case, the co-creator of the S&P/Case-Shiller Index.
“If I were betting even odds, I’d bet that we don’t have much further decline, but that we bounce along the bottom,” Case, a retired professor of economics at Wellesley College, said today in a Bloomberg Television interview on “Surveillance Midday” with Tom Keene. “If you gave me 2-to-1 odds, I’d bet they go down.”………………………………………Full Article: Source